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A Car Dealer Normally Lists Cars at 25% Above Cost

Question 357

Multiple Choice

A car dealer normally lists cars at 25% above cost. During a sale the manger offered a 10% reduction. If a car sold for $20,812.50, what was the cost price to the dealership?


A) $18,500
B) $23,125
C) $18,315
D) $16,650
E) $17,250

Correct Answer:

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